Auto Industry

Reuters

Jan 15, 2022, 11:30 PM

General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise Feature

The Qualcomm chips will provide the computing power for the all-electric Celestiq, the company's planned flagship sedan.

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  Reuters | Jan 15, 2022

  GM Challenges Carvana With CarBravo Online Used Car Marketplace

  GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from rental car agencies or vehicle leases.

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  Reuters | Aug 1, 2022

  VW Sales Hit 10-Year Low In 2021, BMW Races Ahead

  The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8 per cent, although battery-electric vehicle sales in the country quadrupled.

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  Reuters | Jan 15, 2022

  UK's Crown Estate, Volta Trucks To Run Electric Truck Trial In London

  The trial will be run by the Crown Estate's distribution provider Clipper Logistics and involve a prototype Volta Zero, a 16-tonne electric truck that is due to go into production by the end of 2022 at a former truck plant in Austria.

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  Reuters | Jan 15, 2022

  Indian Electric Van Maker For Amazon Raises Funds

  Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.

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  Reuters | Jan 15, 2022

  LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO

  The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.

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  Reuters | Jan 15, 2022

  EV Startup Bollinger Drops Pickups To Focus On Commercial Trucks

  Bollinger said the startup will showcase the electric platforms for its medium-duty trucks in March and will likely release some customer names this year.

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  Charanpreet Singh | Jan 15, 2022

  Tesla Sold A Record 70,847 China-Made Vehicles In December: Report

  Tesla's December sales, which included 245 for export, were almost three times the amount achieved in the same month last year and 34% higher than November's sales.

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  Reuters | Jan 15, 2022

  Volkswagen's Skoda Auto Reports 12.6% Drop In 2021 Global Deliveries To 878,200 Cars

  Skoda Auto's global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.

  1 min read